Chinese Foreign Ministry spokesperson Lu Kang said that the BRI initiative does not involve territorial and maritime disputes unlike what India has understood of it.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
At a future date, when there is more trust between the two sides, the issue could be reconsidered. India’s concerns on the status of PoK could be suitably addressed by way of formal protocols / caveats to the documentation. Equally important are concerns India has raised about the viability of projects, debt servicing becoming burdensome, etc. China has first hand experience of some of these fears coming true, with Sri Lanka, Malaysia, the Maldives. CPEC itself at the moment rests at $ 20 billion, one third of the initial planning, because Pakistan’s fragile economy cannot handle so much high cholesterol. Other things being equal, China would find many more viable projects to finance and execute in India than in Pakistan.
At a future date, when there is more trust between the two sides, the issue could be reconsidered. India’s concerns on the status of PoK could be suitably addressed by way of formal protocols / caveats to the documentation. Equally important are concerns India has raised about the viability of projects, debt servicing becoming burdensome, etc. China has first hand experience of some of these fears coming true, with Sri Lanka, Malaysia, the Maldives. CPEC itself at the moment rests at $ 20 billion, one third of the initial planning, because Pakistan’s fragile economy cannot handle so much high cholesterol. Other things being equal, China would find many more viable projects to finance and execute in India than in Pakistan.